JP Morgan (JPM) To Settle Madoff Claim: Wall Street ‘Code of Silence’

News breaks this morning that JP Morgan (JPM), Bernie Madoff’s lead banker, is close to settling with the Feds under a seldom used deferred prosecution agreement. What is that? Think of it as the equivalent of “you guys and gals had better behave yourselves going forward or we’re going to need to revisit this.” Truth [...] View the full post at: JP Morgan (JPM) To Settle Madoff Claim: Wall Street ‘Code of Silence’ Related posts: Is SIPC a Mere Facade Presented by the Wall Street Titans? Madoff Investors Suing SIPC Wall Street Meets Main Street at the Courthouse